Author Question: People will tend to internalize externalities when A) responsibility for the consequences of ... (Read 121 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
People will tend to internalize externalities when
 
  A) responsibility for the consequences of actions is more clearly assigned to the actors.
  B) spillover costs and benefits become more common and widespread.
  C) they calculate more carefully the marginal costs and marginal benefits of their decisions.
  D) they feel less empathy for others.

Question 2

Refer to the table above. For which of the following choices is the marginal total cost the lowest?
 
  A) Choosing factory Close over factory Far
  B) Choosing factory Far over factory Very Far
  C) Choosing factory Very Close over factory Close
  D) Choosing factory Close over factory Very Far



aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

For a complete list of videos, visit our video library